Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.7.0.1
FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 31, 2016
FAIR VALUE MEASUREMENTS [Abstract]  
Financial assets and liabilities measured at fair value on recurring basis
Financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2016 and December 31, 2015 are summarized below:

(in thousands)
                              
 
Description
  
As of
December 31,
2016
    
Level 1
    
Level 2
    
Level 3
    
Total Gains
(Losses)
  
Non-recurring
                              
Assets:
                              
Licensed technology (net)
  
$
8,384
    
$
-
    
$
-
    
$
8,384
    
$
-
  
Goodwill
    
32,466
      
-
      
-
      
32,466
      
-
  
                                         
Recurring                                        
Liabilities:
                                        
Contingent consideration
  
$
-
    
$
-
    
$
-
    
$
-
    
$
1,391
  
 
 
Description
  
As of
December 31,
2015
    
Level 1
    
Level 2
    
Level 3
    
Total Gains
(Losses)
  
Non-recurring
                              
Assets:
                              
Licensed technology (net)
  
$
6,609
    
$
-
    
$
-
    
$
6,609
    
$
-
  
Goodwill
    
32,466
                                  
                                       
Recurring                                        
Liabilities:
                                        
Contingentconsideration
  
$
2,591
    
$
-
    
$
-
    
$
2,591
    
$
3,898